Prime Redevelopment Opportunity in Silver Spring, MD

Property Overview

CALL FOR OFFERS BY 5 PM EST. ON AUG. 15, 2024

Foundry Commercial is pleased to offer this premier property and land opportunity in the heart of Wheaton, MD and the Greater Silver Spring area of MD perfect for redevelopment, owner occupancy or a unique hybrid of the two. The site is located in the middle of multifamily developments, single family housing, nursing home/care, outdoor public facilities and directly connected to Sligo Creek Parkway and walking trail. The site sits strategically along University Boulevard (daily traffic count of 41,000 cars) that is used by commuters to and from 495/North Silver Spring and Wheaton, the retail corridors, and access to Colesville Road. The site is part of the University Boulevard Corridor Plan that offers flexible and improved uses for the land and overall site compared to the current zoning. The access is unmatched with frontage on University Blvd and Sligo Creek Pkwy with a quick trip to I-495, Georgia Avenue, and Colesville Road (all about 3-7 mins away). Other nearby amenities include Westfield Wheaton (6 minutes away), Holy Cross Hospital (5 minutes away), Sligo Creek Golf Course (6 minutes away), and Wheaton Regional Park (9 minutes away).